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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 13,375 $ 8,983
Accounts receivable, net of allowance for doubtful accounts of $513 and $1,088, respectively 59,709 49,468
Inventories 51,074 35,742
Prepaid expenses and other 8,058 5,763
Total current assets 132,216 99,956
Property, plant and equipment 160,725 121,339
Less - accumulated depreciation (65,585) (61,467)
Property, plant and equipment, net 95,140 59,872
Purchased intangible assets, net 8,589 12,861
Deferred tax assets 4,001 98
Other assets 472 296
Total assets 240,418 173,083
CURRENT LIABILITIES:    
Accounts payable 24,243 19,826
Accrued expenses 8,967 6,884
Accrued anti-dumping duties 8,000 3,609
Dividend payable 295 295
Accrued income taxes 9,545 2,939
Accrued employee compensation and benefits 9,250 6,186
Customer advances 1,140 5,888
Current portion of long-term debt 3,125 0
Total current liabilities 64,565 45,627
LINES OF CREDIT 38,230 17,984
DEFERRED TAX LIABILITIES 379 573
OTHER LONG-TERM LIABILITIES 2,958 3,119
Total liabilities 106,132 67,303
Commitments and Contingencies (Note 8)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares 0 0
Common stock, $0.05 par value; 25,000,000 shares authorized; 14,782,018 and 14,496,359 shares outstanding, respectively 749 741
Additional paid-in capital 80,077 76,146
Retained earnings 89,291 60,074
Other cumulative comprehensive loss (35,014) (30,819)
Treasury stock, at cost; 39,783 and 2,378 shares, respectively (817) (362)
Total stockholders’ equity 134,286 105,780
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 240,418 $ 173,083